If a minimum wage worker started working at age 18, and worked until 67 (the retirement age set by the US Social Security Administration) and worked 40 hours a week every week, they would make less than a million dollars in their life (at the US federal minimum wage of $7.25 per hour).
So, a millionaire with $10M would have to spend more than 10 lifetimes making up the overpayment.
A billionaire with $1B would have to spend more than 1000 lifetimes.
A billionaire with $200B would have to spend 269,745 lifetimes.
If a minimum wage worker started working at age 18, and worked until 67 (the retirement age set by the US Social Security Administration) and worked 40 hours a week every week, they would make less than a million dollars in their life (at the US federal minimum wage of $7.25 per hour).
So, a millionaire with $10M would have to spend more than 10 lifetimes making up the overpayment.
A billionaire with $1B would have to spend more than 1000 lifetimes.
A billionaire with $200B would have to spend 269,745 lifetimes.
Maybe they just need to work harder
They should try making coffee at home instead of ordering it out.
And eat fewer avocado sandwiches.
This kind of thing always reminds me of the Two Ronnies yokels.
RB: If I was as rich as Rockefeller I’d be richer than Rockefeller.
RC: How’s that?
RB: I’d do a bit of window cleaning on the side.